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> end up stagnant and dysfunctional (Facebook) Yeah what a failure that was! In the same realm of failures such as Microsoft, Google, IBM and AT&T Facebook ha
by Bubble_Pop_22 4y ago
> end up stagnant and dysfunctional (Facebook)
Yeah what a failure that was! In the same realm of failures such as Microsoft, Google, IBM and AT&T
Facebook has reached the maximum extension it can possibly have , they stopped just before being subject to DOJ breakup lawsuit like Microsoft, IBM and AT&T before them.
I am sick and tired of this narrative of Facebook being a failure, just because you can't get rich via buying the stock and waiting for capital appreciation anymore doesn't make it a failure.
It's a company making 100+ billions in sales per year with basically no physical infrastructure and amazing margins still.
Their future isn't guranteed but nobody's is.
- rvz 4y agoExactly. I don't know how anyone can be further from reality to keep screaming that (Meta) is a failure; remote from reality. It is in fact the first and the fastest company founded in the 21st century to reach $1TN valuation. Tesla Inc. came second to that. I don't think anyone else can say that. Maybe that is also failure as well? > I am sick and tired of this narrative of Facebook being a failure, just because you can't get rich via buying the stock and waiting for capital appreciation anymore doesn't make it a failure. The company is still profitable after all these years, scandals, fines etc and they still are doing fine. The death of the company has been greatly exaggerated and for those who don't want to hear it, I'm afraid that they (Meta) is still going to be around for another decade.